France freezes €6B spending this year because of Middle East crisis

Paris eyes budget cuts to keep its deficit reduction promise despite economic turmoil.

POLITICO

"This is not a story of market-led success. It is a story of short-term stabilization underpinned by external support, which has increased indebtedness significantly,making Argentina by far the biggest debtor to the IMF (see above; the other expansion was with Macri, that had the same economic team; yeah he is also an outsider, wink, wink, say no more), combined with policies that risk undermining long-term productive capacity and the external sustainability of the country's foreign obligations. In other words, Milei makes a crash much more likely."

https://nakedkeynesianism.blogspot.com/2026/04/milei-markets-and-mirage-why-argentinas.html?spref=tw

#Argentina #Milei #Debt #IMF #PoliticalEconomy

Milei, Markets, and Mirage: Why Argentina’s “Success” Is Not What It Seems

There is a growing narrative in the international press, and among those who consume it, that Javier Milei has turned Argentina into a succe...

#^Argentina got this warning before its collapse. America just got it last week. | Schiff Sovereign



Even in early 2001, the same year as the crisis, IMF reports flagged Argentina’s soaring debt-to-GDP ratio, citing its “sharp deterioration in the public finances,” and deficits running well above the targets Buenos Aires had agreed to.

Well, the United States just received the same warning from the IMF last week. Even the language in the report is eerily similar.

In its 2026 Article IV consultation on the United States of America, the IMF warned that America’s “persistently high fiscal deficits [and] the continued rise in debt‑GDP ratio” creates a “growing financial stability tail risk” for both the US and the global economy.

They stressed “the pressing need to address the US’s longstanding fiscal imbalances through a frontloaded fiscal adjustment.”

That last part means that Congress must make critical spending cuts NOW. Not later. Time is running out.
#debt
French budget faces €4B in cuts as Iran war hampers growth

“The goal is to identify potential problems early on and take corrective action quickly,” French Economy Minister Roland Lescure told Le Parisien over the weekend.

POLITICO

Warga Puding Besar Laporkan Debt Collector ke Polda Babel, Diduga Rugikan Konsumen dan Langgar Hukum

JokBangka - #Kasus #dugaan #penarikan #kendaraan #oleh #debt #collector #kembali #menjadi #sorotan #publik. Seorang warga Kecamatan Puding Besar, Kabupaten Bangka, melaporkan tindakan penarikan mobil yang diduga tidak sesuai prosedur ke Polda Kepulauan Bangka Belitung. Baca juga: Bangka Barat Fasilitasi Pesta Adat Belar, Upaya Lestarikan Tradisi Lokal dan Dorong…

https://jokbangka.com/1466/warga-puding-besar-laporkan-debt-collector-ke-polda-babel-diduga-rugikan-konsumen-dan-langgar-hukum/

Warga Puding Besar Laporkan Debt Collector ke Polda Babel, Diduga Rugikan Konsumen dan Langgar Hukum

JokBangka - #Kasus #dugaan #penarikan #kendaraan #oleh #debt #collector #kembali #menjadi #sorotan #publik. Seorang warga Kecamatan Puding Besar, Kabupaten Bangka,

Jok Bangka

Article from 11th Mar 2026

"Maya MacGuineas, president of the Committee for a Responsible Federal Budget (CRFB), a bipartisan fiscal watchdog, has warned that “this cannot be sustainable, proposing a 3% deficit-to-GDP ratio as an initial target."

US borrowed $1 trillion in 5 months

https://www.rt.com/business/634519-us-federal-debt-balloons/

#USA, #Borrowing, #Debt, #PositiveMoney.

A Creditor’s Visit (1838) by Honoré Daumier.

Source: Musée Carnavalet / Paris Musées

https://pdimagearchive.org/images/7cb14fa4-ce32-4fb6-9924-5613777a3ac9

#credit #money #debt #gesture #finance #art #publicdomain

#Poverty is not only a predictor of #incarceration; it is also frequently the outcome, as a criminal record and time spent in #prison destroys #wealth, creates #debt, initiates or perpetuates cycles of #homelessness, and decimates job #opportunities
Info from #prisonpolicy and #soinformed
https://www.instagram.com/reel/DXRYaBbjs1j/?utm_source=ig_web_copy_link&igsh=NTc4MTIwNjQ2YQ==
Seizethemeansstreet on Instagram: "Poverty is not only a predictor of incarceration; it is also frequently the outcome, as a criminal record and time spent in prison destroys wealth, creates debt, initiates or perpetuates cycles of homelessness, and decimates job opportunities. Info from @prisonpolicy and @so.informed ."

7,367 likes, 108 comments - seizethemeansstreet on April 18, 2026: "Poverty is not only a predictor of incarceration; it is also frequently the outcome, as a criminal record and time spent in prison destroys wealth, creates debt, initiates or perpetuates cycles of homelessness, and decimates job opportunities. Info from @prisonpolicy and @so.informed .".

Instagram
Fra europæisk gældskrise til amerikansk gældsfælde

Mens de europæiske statsfinanser er stabiliseret efter årelang krise, styrer USA mod en gældsfælde. Selv Frankrig klarer sig bedre end forventet. Amerikanerne derimod driver økonomien på ren gæld uden politisk vilje til forandring.

Berlingske